ARK Innovation ETF (NYSEARCA:ARKK) Shares Sold by Pursue Wealth Partners LLC

Pursue Wealth Partners LLC lowered its stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 29.6% during the fourth quarter, Holdings Channel reports. The firm owned 10,704 shares of the company’s stock after selling 4,500 shares during the period. Pursue Wealth Partners LLC’s holdings in ARK Innovation ETF were worth $561,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. DAVENPORT & Co LLC increased its holdings in shares of ARK Innovation ETF by 11.0% in the 3rd quarter. DAVENPORT & Co LLC now owns 21,695 shares of the company’s stock valued at $861,000 after acquiring an additional 2,146 shares during the period. Private Trust Co. NA increased its stake in ARK Innovation ETF by 8.0% in the 3rd quarter. Private Trust Co. NA now owns 3,679 shares of the company’s stock valued at $146,000 after buying an additional 271 shares during the period. Sunesis Advisors LLC acquired a new position in ARK Innovation ETF in the 3rd quarter valued at $203,000. FinTrust Capital Advisors LLC increased its stake in ARK Innovation ETF by 160.2% in the 3rd quarter. FinTrust Capital Advisors LLC now owns 1,868 shares of the company’s stock valued at $74,000 after buying an additional 1,150 shares during the period. Finally, Clearwater Capital Advisors LLC increased its stake in ARK Innovation ETF by 1.4% in the 3rd quarter. Clearwater Capital Advisors LLC now owns 106,045 shares of the company’s stock valued at $4,207,000 after buying an additional 1,512 shares during the period.

ARK Innovation ETF Stock Performance

ARKK traded up $0.46 during trading on Friday, hitting $44.07. The stock had a trading volume of 9,101,150 shares, compared to its average volume of 14,267,461. The company’s 50-day moving average price is $48.15 and its 200 day moving average price is $46.43. ARK Innovation ETF has a twelve month low of $33.76 and a twelve month high of $54.52.

ARK Innovation ETF Company Profile

The ARK Innovation ETF (ARKK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that seeks long-term capital growth from companies globally involved with, or that benefit from, disruptive innovation. ARKK was launched on Oct 31, 2014 and is managed by ARK.